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Pacific Money

The 21st century is commonly referred to as the 'Pacific Century.' For such a prediction to materialize, the economies of the Asia-Pacific must lead the globe. What challenges will the region face? What nations stand to benefit most? The Diplomat's economics and business blog, Pacific Money, will try to tackle these questions and more.

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Will COVID-19 Halt China’s ‘Going out’ Economic Strategy?
March 14, 2020

Will COVID-19 Halt China’s ‘Going out’ Economic Strategy?

By Chan Kung and Wei Hongxu
The novel coronavirus outbreak will contribute to downward pressures on China’s outbound investment, including the Belt and Road.
In Role Reversal, Asia Seeks to Stop Virus From Coming In
March 13, 2020

In Role Reversal, Asia Seeks to Stop Virus From Coming In

By Associated Press
As COVID-19 outbreaks spread to the rest of the world, Asia looks to manage its borders.

Shock Saudi Move Causes Historic One-Day Plunge in Price of Crude Oil: What Next?
March 09, 2020

Shock Saudi Move Causes Historic One-Day Plunge in Price of Crude Oil: What Next?

By Ankit Panda
Early on Monday, Brent crude fell by more than 20 percent, dropping to levels unseen since 2015-2016.

Helping Hong Kong’s Economy Weather Protests and Coronavirus
March 07, 2020

Helping Hong Kong’s Economy Weather Protests and Coronavirus

By Jason Hung
The Hong Kong government has a chance to correct the city’s economic over-reliance on tourism.

Taiwan Braces for Economic Impact of Global Coronavirus Outbreak
March 06, 2020

Taiwan Braces for Economic Impact of Global Coronavirus Outbreak

By Nick Aspinwall
Taiwan’s tourism and aviation industries are struggling, but most sectors have withstood heavy damage and the government has planned a $2 billion bailout.
China’s Policy Banks Need to Hedge Against Climate Risks
March 04, 2020

China’s Policy Banks Need to Hedge Against Climate Risks

By Divya Narain
China’s policy banks must re-evaluate the bankability of their fossil fuel projects, not just for their own survival but also that of the planet.

Malaysia Central Bank Cuts Key Rate Amid Coronavirus Outbreak and Political Turbulence
March 03, 2020

Malaysia Central Bank Cuts Key Rate Amid Coronavirus Outbreak and Political Turbulence

By Associated Press
Malaysia's central bank reduced its key overnight policy rate, citing worsening economic conditions.
The Palm Oil Conundrum in EU-ASEAN Relations
March 02, 2020

The Palm Oil Conundrum in EU-ASEAN Relations

By Naila Maier-Knapp
Palm oil tensions between the EU and Indonesia and Malaysia continue to be a point of contention in the group’s ties with Southeast Asian countries.

The Future of AI Depends on Asia
February 29, 2020

The Future of AI Depends on Asia

By Helena Domashneva
Recent geopolitical, economic and epidemic shocks in Asia reveal the real value of the region in the global economy and its future impact on world’s technological development.

The Golden Opportunity: Indonesia’s Chance to Escape the Middle-Income Trap
February 28, 2020

The Golden Opportunity: Indonesia’s Chance to Escape the Middle-Income Trap

By Edward Parker
Education reform needs to be part of Jokowi’s ambitious economic overhaul.

The Trouble With India’s New Budget
February 26, 2020

The Trouble With India’s New Budget

By Alok Sheel
The 2020 budget falls short of expectations in several key areas.
What Would It Cost to Cancel the Tokyo Olympics?
February 24, 2020

What Would It Cost to Cancel the Tokyo Olympics?

By Anthony Fensom
 Cancelling the Summer Games over coronavirus fears would not be a fatal economic blow for Japan.

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